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Ibrahim
Ibrahim is a 41 year old married father of five children. He works as a driver transporting students and tourists, which he has been doing for 12 years. He wants to develop and progress his business as he is a compassionate father who wants to secure a good comfortable standard of living and education for his children. He wants to be independent and increase his income but is held back by lack of financial capital. With this loan he wants to perform maintenance work on his van, particularly before the tourist season, so that he can travel to all the areas that he needs to transport people to. This is important as it is the sole source of income for him, which he depends upon to pay for his family's daily needs and expenses.
ابراهيم عمره 41 سنة متزوج وهو اب لخمس اولاد يعمل في نقل الطلاب والسواح له في عمله 12 سنة يحب عمله ويريد التطور والتقدم فيه فهو اب حنون يريد ان يؤمن لأولاده العيش الجيد الكريم وتعليمهم بشكل جيد لذلك يسعى جاهدا الى تطوير عمله وتحسينه يريد ان يعتمد على مجهوده حتى يزيد من مدخوله ولكن ما يعيق تطوره هو النقص في رأس المال لذلك يريد من خلال طلب قرض من المجموعة الى صيانة الفان خاصته قبل الموسم السياحي حتى يتمكن من مراعاة جميع المناطق التي يتنقل بها وخاصة انه هو مصدر الرزق الوحيد الذي يعتمد عليه في دفع المصاريف والحاجات اليومية للعائلة وللعمل

Additional Information

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.


Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

About Lebanon

  • $15,800
    Average annual income
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Ibrahim to perform maintenance work on his van ahead of the tourist season.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2011
Listed
May 10, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012